It seems Wiesmann's days are numbered since apparently the factory was recently closed according to a report issued by Dutch media.

It seems Wiesmann's days are numbered since apparently the factory was recently closed according to a report issued by Dutch media.

The last few months have been like a roller-coaster ride for German specialty marque Weismann who filed for bankruptcy in August 2013 and later announced plans to introduce an application to dismiss the insolvency proceedings. They met with creditors last December but it seems it didn't go very well as the company is on the brink of extinction.

In the golden days they had 125 employees but currently only about six people are still there, although we can't specify the location of "there" since the factory was closed. Wiesmann failed to pay its workers and they also have some big supplier bills to pay so it's no wonder on March 31 they halted all operations.

Founded back in 1985 by brothers Martin and Friedhelm Wiesmann, the company started production 1993 with the BMW-powered MF30. Their latest (and probably final) product is the limited-run GT MF4-CS priced at 193,193.28 EUR which has a 420 PS V8 engine propelling the 1,350 kg vehicle to 62 mph (100 km/h) in 4.4 seconds before topping out at 182 mph (293 km/h).

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Wiesmann goes bust as factory closes and employees quit